Low Inventory = A Seller's Market

Inventory in almost all of California is LOW, which means it is a seller's market! There are typically more buyers looking for homes than there are for sale in a "seller's market". If you have been on the fence about selling- NOW is a great time!

Here are a few market snapshots of what is going on in Yolo County with Single Family Homes:


DAVIS, CALIFORNIA

January Homes For Sale: 23

January Homes Sold: 10

This is extremely low compared to our normal market! Last January there were 41 homes for sale and 16 sold, which is still low, but not nearly as low as last month's market!


January Avg. Price For Sale: $993,000

January Avg. Sold :$651,000.

This for sale average was higher than it has been in a year and I believe it has to do with the lack of inventory.


EL MACERO, CALIFORNIA

January Homes For Sale: 1

January Homes Sold: 1

The average amount for sale in the last year have been 3 - 4 homes with 1 - 2 closing, so this number is low for the normal market.


January Avg. Price For Sale: $1,749,000

January Avg. Price Sold: $1,350,000

This listing price is the highest average it has been in the last year, and the average sold is normal for the market.


WOODLAND, CALIFORNIA

January Homes For Sale: 94

January Homes Sold: 36

The Woodland market is relatively steady compared to Davis. The amount of homes for sale in January was less than January 2019, but not out of the ordinary.


January Avg. Price For Sale: $541,000

January Avg. Price Sold: $472,000

The average price for sale is normal for the market, but the average sold price is up slightly compared to the last year by about $30,000.


WINTERS, CALIFORNIA

January Homes For Sale: 15

January Homes Sold: 3

The number of homes for sale in January was less than the last 6 months, but more than were for sale in January of 2019. The number of homes that closed is significantly less than December, but not out of the ordinary.


January Avg. Price For Sale: $1,404,000

January Avg. Price Sold: $468,000

Both numbers are normal for the market!




VISIT

www.morgandettling.com

If you would like to get an estimated value of your home, or are searching for a home!


LISTING HIGHLIGHT:


864 FORHDAM DR, WOODLAND, CA


Situated in an established neighborhood, this newly renovated home boasts modern upgrades and is TURN KEY. You'll love to be in this kitchen with bar seating, soft-close cabinets, quartz countertops with a waterfall edge, open shelving, a farmhouse sink, customized backsplash, an exposed matte black hood, and modern hardware. New floor, trim, and lighting throughout the home, a brand-new water heater and newer HVAC system, and a Ring doorbell! The master bedroom boasts a custom accent wall and access to the backyard, where you can relax and enjoy the beautiful California weather by the fire pit!


3 BEDROOM • 2 BATH • 1490 SQFT • LISTED AT: $462,000

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